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Property profile & analytics
OFF-MARKET
Office buildings
2116 Eastway Dr, Charlotte, NC 28205-4015
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1165151
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Total area
1,200 SF
Lot
0.24 ac (10,550 SF)
Zoning code
O-2
APN
9314122
UPID
US53-1165151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A & E Flooring INC · 2 yrs held
A & E Flooring INC
since 2024
Last sale
$217,500
7 recorded transactions
Zoning & alternative use
O-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,911
Tax year 2023
Assessed value
$260,500
Assessed 2024
Previous assessed
$260,500
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$189,800
Assessed improvement
$70,700
Land market value
$189,800
Improvement market value
$70,700
Total market value
$260,500
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1961
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
3
Total area
1,200 SF
Lot
0.24 ac (10,550 SF)
Zoning code
O-2
APN
9314122
UPID
US53-1165151
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-2 · Charlotte, NC
Zoning O-2 · permitted uses
O-2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
A & E Flooring INC
Entity
Mailing address
16919 YOUNGBLOOD RD, CHARLOTTE, NC 28278-9019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
$250,000
A & E Flooring INC
Romero Capital Corp
Warranty Deed
$270,000 · Windstone Private Lending
Jan 18, 2024
—
Romero Capital Corp
Sheila Murphy
Deed
—
Jan 18, 2024
$217,500
Romero Capital Corp
Murphy Matters LLC
Warranty Deed
$217,500 · Ls Capital LLC
Jun 25, 2018
—
Murphy Matters LLC
Rozier,john D
Warranty Deed
—
Nov 20, 2008
—
John D Rozier
Murphy,sheila
Quit Claim Deed
related
—
Sep 20, 1996
$73,000
Sheila Murphy
Murphy,sheila
Grant Deed
related
—
Sep 19, 1996
—
Sheila Murphy
—
Deed Of Trust
related
$67,338 · Self Help Ventures Fund
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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